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I'm super worried by these lawsuits. Instead of forcing the oil industry to invest in cleaner energies, to clean the atmosphere by for instance paying for plant
by jeandejean 7y ago
I'm super worried by these lawsuits. Instead of forcing the oil industry to invest in cleaner energies, to clean the atmosphere by for instance paying for planting massive amount of trees, or even to extract oil more sustainably... They want them to pay investors that were deceived by a fact everybody fucking knew for decades.
Makes me feel we're doomed and incapable of focusing on real challenges.
- perfunctory 7y ago> Instead of forcing the oil industry to ... It does not have to be "instead". Can be in addition to. These things are not mutually exclusive. NYAG does what they can in their power.
- jeandejean 7y agoVery true!
- jgaa 7y agoIt's probably a law issue. Is it illegal to lie and deceive to make money? No. Is it illegal to destroy the Earth's eco system? Only if it's intended as an act of terror. Is it illegal to mislead the share holders? Yes. So that's the crime they can prosecute.
- nfoz 7y ago> Is it illegal to lie and deceive to make money? No. What, really? Isn't that the definition of fraud?